Bank of America Corporation

Data Manager

Bank of America Corporation • $95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in data management or a related field
  • Strong knowledge of data privacy and compliance regulations
  • Proficiency in MS Office, including advanced Excel skills
  • Exceptional attention to detail and organizational abilities
  • Excellent verbal and written communication skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Demonstrated ability to influence stakeholders without direct authority

Responsibilities

  • Lead and develop a data management team to execute enterprise policies
  • Collaborate with compliance and technology partners to deliver effective data solutions
  • Ensure proper documentation and maintenance of data management processes
  • Monitor data lifecycle governance practices in alignment with policies
  • Drive improvements in data quality through monitoring and issue remediation
  • Identify and resolve compliance gaps in data standards
  • Analyze business needs and plan for effective data management solutions

Benefits

  • Opportunity to work in an inclusive and diverse environment
  • Access to ongoing training and development programs
  • Collaborative culture that emphasizes teamwork
  • Engagement in processes that drive continuous improvement
  • Involvement in impactful decision-making within the organization
  • Opportunities for career advancement and skill enhancement
Full Job Description
Job Description:

This job is responsible for driving accurate, complete, and timely delivery of data. Key responsibilities include working with business stakeholders and technology teams to direct data management activities and ensure availability for use by appropriate consumers. Job expectations include managing execution within the enterprise data management standards, data quality, and control practices.

Job Profile Summary
This job is responsible for executing the organization's data strategy by ensuring data is accurate, complete, and reliable across business processes, systems, and reporting. Key responsibilities include managing data quality, driving issue identification and remediation, and ensuring adherence to enterprise data management standards. The role partners with business, operations, and technology teams to maintain the integrity of data throughout its lifecycle, and to support effective decision-making, reporting, and risk management.

Job Description
This job is responsible for driving accurate, complete, and timely delivery of data through execution of enterprise data management requirements. Key responsibilities include working with business stakeholders and technology teams to deliver data management activities, ensuring data quality, and support adherence to data management standards. This role includes direct managerial responsibilities, leading a team responsible for executing data management activities, maintaining data quality, and ensuring adherence to enterprise policies and standards. This role focuses on execution, data quality, issue remediation, and control effectiveness, ensuring data is managed in compliance with enterprise requirements and is fit for use across business and regulatory needs.

Key Responsibilities:
• Leads and develops a team responsible for executing data management activities and ensuring adherence to enterprise data management policies and standards.
• Works with Line of Business partners, including Compliance, Audit, Risk, and Technology, to execute data management activities and support delivery of data solutions.
• Executes data management requirements by ensuring data processes, risks, and controls are defined, documented, and maintained in accordance with enterprise standards.
• Ensures data is governed across the full lifecycle by supporting capture, transport, use, and issue management activities in alignment with policy requirements.
• Drives data quality outcomes by ensuring data is accurate, complete, and timely, and supports ongoing monitoring of data health.
• Identifies, documents, and escalates data issues, supports root cause analysis, and drives remediation actions to timely closure in alignment with enterprise standards.
• Monitors and supports effective execution of controls designed to mitigate data risk, and partners with stakeholders to address identified control gaps.
• Maintains completeness and accuracy of data inventories and supports end-to-end traceability from data source to consumption.
• Identifies gaps in adherence to data management policies and standards and works with appropriate partners to execute remediation plans.
• Monitors performance metrics related to data quality and controls and supports escalation and corrective actions when thresholds are not met

Responsibilities:

  • Works with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often times in partnership with Technology
  • Identifies gaps in data management standards adherence and works with appropriate partners to develop plans for resolution, including recommendations so that relevant risk and compliance policies and standards are met
  • Analyzes emerging needs for data to address risk, regulatory, or business enablement priorities and appropriately plans for interim and target state solutions within data management policies
  • Monitors key performance indicators and internal controls in accordance with established thresholds, standards, and policies


Managerial Responsibilities:

This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
  • Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
  • Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.


Required Qualifications:
• Knowledge of data privacy, risk management, compliance, audit, or comparable regulatory experience
o Data Management
o Data Governance
o Data Quality Management
o Risk and Control Management
o Process Management
o Project Management
o Stakeholder Management
• Proficiency in MS Office, including PowerPoint, Excel, Word and Co-Pilot
• Strong organizational skills with exceptional attention to detail
• Excellent verbal and written communication skills with the ability to translate complex concepts into clear, practical guidance
• Ability to collaborate effectively across a diverse set of stakeholders and influence outcomes without direct authority
• Proactive, forward thinking, and process oriented mindset
• Demonstrated ability to manage competing priorities in a dynamic, regulated environment
• Speaks and acts with confidence and demonstrates a bias for action and commitment to sustainable results

Desired Qualifications:
• Strong program and project management discipline
• Experience applying compliance and risk management principles in complex organizations
• Advanced critical thinking and decision making skills
• Strong organization, documentation, and communication (oral and written) capabilities
• Ability to lead through collaboration, partnership, and influence

Skills:
  • Data Management
  • Data Modeling
  • Data Quality Management
  • Reporting
  • Data Governance
  • Product Management
  • Project Management


Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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